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Biotech / Medical : Elan Corporation, plc (ELN) -- Ignore unavailable to you. Want to Upgrade?


To: Gary Korn who wrote (673)11/16/1999 8:23:00 AM
From: Ed Mayer  Read Replies (1) | Respond to of 10345
 
Gary, what are your feelings concerning (or trust in) Elan's
management? It seems the street doesn't have any faith in management. I found it quite unusual for Elan to have a press release saying that "every thing is OK". If you knew a group was corrupt, that is the sort of statement you would expect. If I knew management was trustworthy, I wouldn't worry. But I don't know that, so I am tempted to jump ship with a minimal loss.



To: Gary Korn who wrote (673)11/16/1999 9:19:00 PM
From: Peter Goss  Read Replies (1) | Respond to of 10345
 
Gary - This is a great thread- excellent info, good give and take. People were talking about TA on ELN a few posts back, and I thought today was a good indication that we are getting close to a reversal. Huge volume with little or no price degradation is usually an excellent sign. Plus, the price is exploring but not breaking that big down spike from a few days ago. Wouldn't totally hang my hat on the chart, but the fundamentals seem excellent too, unless there is a big skeleton hiding somewhere. Hard not to buy in given the P/Es of the other druggies.

good investing,
Peter